News
SAN JOSE, CA – North American-based manufacturers of semiconductor equipment posted $1.23 billion in orders in October and a book-to-bill ratio of 0.83, according to SEMI.
SANTA CLARA, CA – Agilent Technologies Inc. reported revenues for the fourth quarter were $1.45 billion, 9% above the same period last year.
The company said orders were $1.48 billion for the quarter, an increase of 6% year-over-year.
Agilent reported fourth-quarter adjusted net income of $206 million, up 7.8% year-over-year.
“Electronic measurement markets were very mixed, with strength in aerospace/defense and wireless R&D, a flat profile for wireless handset and electronic manufacturing test, and weakness in computer and semiconductor markets,” Bill Sullivan, president and CEO said.
2007 revenues were $5.4 billion, up 9% year-over-year.
For the first quarter of 2008, revenues are expected to be in the range of $1.35 billion to $1.40 billion, up 5% to 9% from 2007.
RICHARDSON, TX – Titan Global Holdings Inc. announced a record $2.4 million in shipments in October for the company’s electronics division. Titan Electronics generated revenues of $6.9 million for the fourth quarter, a 15% percent increase sequentially.
The announcement follows Titan’s recent acquisition of various secured debt and equity instruments held by Nexus Nano Electronics Inc. Titan will combine Nexus with the operations of its Titan Electronics Group.
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